Permitted Securities. 32 Person.......................................32 Plan.........................................32
Permitted Securities. 29 Person.................................................................... 29 Plan...................................................................... 29 Predetermined Ground Rent Expiration Date................................. 29
Permitted Securities. The initial Gross Asset Value of any Permitted Security shall be equal to its Market Value.
Permitted Securities. In addition to each of the determinations of the Borrowing Base set forth in this Agreement, to the extent from time to time any Permitted Securities are outstanding, the Borrowing Base otherwise determined pursuant to the terms of this Section 2.16 shall be reduced by twenty five percent (25%) of the amount (whether of principal amount, face amount or liquidation preference amount) of such Permitted Securities.
Permitted Securities. The Company's Board of Directors is expressly permitted to enter into agreements which provide to any holder of newly issued shares of the Company's Common Stock rights, which are either pari passu or senior to any Holder's rights under this Agreement, with respect to the registration of such Common Stock under the Securities Act; provided that, the performance of the obligations of the Company pursuant to such agreement shall not violate or directly conflict with any of the rights provided to the Holders or the obligations of the Company under this Agreement; provided, however, such Common Stock was issued in connection with an acquisition consummated by the Company or a new equity investment made by such holder in the Company; provided further that, the registration rights shall only relate to the Common Stock issued in connection with such acquisition or investment and not to all of the Company's Common Stock owned from time to time by the holders thereof. Except as expressly authorized in this Section 10, the Company shall not grant any registration rights to any Person which are pari passu or senior to the registration rights granted hereby, without the prior consent of the Holders owning a majority of the Registrable Common Stock then outstanding.
Permitted Securities. 23 11. Adjustments Affecting Registrable Common Stock....................23
Permitted Securities. The management company may use the securities it has received to reduce the counterparty risk if they comply with the criteria de- scribed in the applicable laws, regulations, and rulings issued by the FMA, especially in terms of liquidity, valuation, credit rating of the issuer, correlation, risk in connection with the management of secu- rities and realisability. Securities must in particular fulfil the following conditions: All securities not consisting of cash should be of good quality and high liquidity and traded on a regulated market or a multilateral trad- ing system with transparent pricing so that they can be sold quickly at a price that corresponds approximately to the valuation before the purchase. They must be valued at least on a daily basis, and any assets that show high price volatility should only be accepted as securities if they have been provided with appropriately conservative discounts (haircuts). They must have been issued by a unit that is independent of the counterparty and that may not be expected to show a strong correla- tion with the performance of the counterparty. They should be diversified widely over countries, markets and issu- ers, with a maximum commitment of 20% in total of the net asset value (NAV) of the UCITS in individual issuers when all received se- curities are taken into account. A UCITS can deviate from this in ac- cordance with the regulations under 7.3.5 – 7.3.7 above. They should be realisable at all times without recourse to or approv- al by the counterparty of the management company. Amount of the securities The management company determines the required amount of the securities for transactions with OTC derivatives and for efficient port- folio management techniques by reference to the limits for counter- party risks applicable according to the sales prospectus and in due consideration of the type and characteristics of the transactions, the credit rating and the identity of the counterparties and the prevailing market conditions. Rules for haircuts (must be defined individually) Securities are valued on a daily basis using the available market prices and taking into account appropriately conservative discounts (haircuts), which the management company determines for each asset class based on its rules for haircuts. Depending on the type of the securities accepted, these rules take various factors into consid- eration, such as the credit rating of the issuer, the term, the currency the price volatility of ...
Permitted Securities. “Permitted Securities” means shares of Acquiror Common Stock issued under Acquiror’s equity incentive pool and other exclusions from the preferred stock anti-dilution provisions in Acquiror’s Certificate of Incorporation and the definitive documentation executed in connection with the Financing. Certain information has been excluded from this agreement (indicated by “[***]”) because such information (i) is not material and (ii) would be competitively harmful if publicly disclosed.
Permitted Securities. Schedule II of the Registration Rights Agreement is hereby amended by adding the following thereto:
